Despite high tensions, Egypt will triple gas imports from Israel.
>According to the EGAS official, the Israeli-Egyptian energy deal includes a ramp-up in supply from the offshore Tamar and Leviathan gas fields to reach 1 billion cubic feet per day in the coming period. Around 80% of that gas will be allocated to restarting fertilizer and petrochemical factories that shut down on June 13 due to the shortage.
Another interesting fact is that 10% of the Tamar gas field has been lately sold to Azerbaijan, showing further how the 2 states are getting closer.
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Despite high tensions, Egypt will triple gas imports from Israel.
>According to the EGAS official, the Israeli-Egyptian energy deal includes a ramp-up in supply from the offshore Tamar and Leviathan gas fields to reach 1 billion cubic feet per day in the coming period. Around 80% of that gas will be allocated to restarting fertilizer and petrochemical factories that shut down on June 13 due to the shortage.
Another interesting fact is that 10% of the Tamar gas field has been lately sold to Azerbaijan, showing further how the 2 states are getting closer.